for the banks? we have our panel with us. gary, let me kick it off with you, gary webbush. for putting money to work, do you want to sell or put money to work here? >> i want to put money to work here. i think the markets are at an extremely adraktive level. they're flush with cash, balance sheets are excellent. financing at very cheap rates, and the s&p is trading at a 15% to 20% discount. >> a good rally today david faber. i know all of the pages were sitting up stairs here at the exchange as you were going through them. what did you learn, is it behind them sm. >> for the most part it seems to be behind them, that being the massive losses that jpmorgan took very unexpectedly. we're talking $5.8 billion for the total so far. it could go up another $1.7 billion. that is the very limit, at least, according to management as to where it could go, but that is unlikely, again, according to jamie dimon, and all of the senior managers at the bank. for the most part it does seem to be, as you said, behind them. >> gary, what do you think about this? is the worst behind for the sector? a big rally t